The Thrivent Financial For Lutherans Has $11.40 Million Position in Eaton Vance Corp (EV)

The Thrivent Financial For Lutherans Has $11.40 Million Position in Eaton Vance Corp (EV)

A number of other institutional investors also recently bought and sold shares of EV. TrimTabs Asset Management LLC boosted its position in Eaton Vance Corp by 88.8% in the first quarter. TrimTabs Asset Management LLC now owns 2,705 shares of the asset manager’s stock valued at $122,000 after buying an additional 1,272 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Eaton Vance Corp by 20.9% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,901 shares of the asset manager’s stock valued at $130,000 after buying an additional 501 shares during the last quarter. Mn Services Vermogensbeheer B.V. boosted its position in Eaton Vance Corp by 5.1% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 3,028 shares of the asset manager’s stock valued at $127,000 after buying an additional 148 shares during the last quarter. CENTRAL TRUST Co boosted its position in Eaton Vance Corp by 6,356.9% in the first quarter. CENTRAL TRUST Co now owns 3,293 shares of the asset manager’s stock valued at $148,000 after buying an additional 3,242 shares during the last quarter. Finally, Nordea Investment Management AB boosted its position in Eaton Vance Corp by 131.9% in the first quarter. Nordea Investment Management AB now owns 3,341 shares of the asset manager’s stock valued at $150,000 after buying an additional 1,900 shares during the last quarter. 71.62% of the stock is owned by institutional investors.

Thrivent Financial For Lutherans decreased its stake in shares of Eaton Vance Corp (NYSE:EV) by 37.0% during the first quarter, Holdings Channel reports. The fund owned 253,480 shares of the asset manager’s stock after selling 148,740 shares during the period. Thrivent Financial For Lutherans’ holdings in Eaton Vance Corp were worth $11,397,000 as of its most recent SEC filing.

Shares of Eaton Vance Corp (NYSE EV) traded up 0.45% during trading on Tuesday, hitting $48.70. 342,521 shares of the company’s stock were exchanged. Eaton Vance Corp has a 12-month low of $32.97 and a 12-month high of $48.98. The company has a 50-day moving average of $45.43 and a 200-day moving average of $44.04. The company has a market cap of $5.39 billion, a P/E ratio of 21.35 and a beta of 1.86.

Eaton Vance Corp (NYSE:EV) last released its quarterly earnings results on Wednesday, May 24th. The asset manager reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.02. The business had revenue of $374.60 million during the quarter, compared to the consensus estimate of $373.28 million. Eaton Vance Corp had a return on equity of 37.72% and a net margin of 19.88%. The business’s revenue was up 15.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.48 EPS. On average, equities analysts expect that Eaton Vance Corp will post $2.54 earnings per share for the current fiscal year.

Several equities analysts recently weighed in on the stock. J P Morgan Chase & Co reaffirmed an “underweight” rating and set a $47.00 target price (up from $40.00) on shares of Eaton Vance Corp in a research note on Tuesday, June 6th. Zacks Investment Research raised shares of Eaton Vance Corp from a “hold” rating to a “buy” rating and set a $54.00 target price for the company in a research note on Thursday, June 8th. Jefferies Group LLC raised their target price on shares of Eaton Vance Corp from $42.00 to $45.00 and gave the company a “hold” rating in a research note on Monday, May 22nd. Citigroup Inc. raised their target price on shares of Eaton Vance Corp from $46.50 to $51.00 and gave the company a “neutral” rating in a research note on Thursday, May 25th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $50.00 target price on shares of Eaton Vance Corp in a research note on Tuesday, May 23rd. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $48.07. In other news, Director Winthrop H. Smith, Jr. sold 21,885 shares of Eaton Vance Corp stock in a transaction on Thursday, June 8th. The stock was sold at an average price of $48.03, for a total transaction of $1,051,136.55. Following the completion of the transaction, the director now owns 15,420 shares of the company’s stock, valued at approximately $740,622.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Dorothy E. Puhy sold 2,563 shares of Eaton Vance Corp stock in a transaction on Tuesday, June 6th. The stock was sold at an average price of $48.46, for a total value of $124,202.98. Following the transaction, the director now directly owns 14,473 shares of the company’s stock, valued at approximately $701,361.58. The disclosure for this sale can be found here. Insiders have sold a total of 64,448 shares of company stock valued at $3,098,540 in the last ninety days.

Want to see what other hedge funds are holding EV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Eaton Vance Corp (NYSE:EV).

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